Met-Pro Corporation's Strobic Air Subsidiary Receives Equipment Order in Excess of $600,000
September 16 2008 - 9:00AM
PR Newswire (US)
HARLEYSVILLE, Pa., Sept. 16 /PRNewswire-FirstCall/ -- Raymond J. De
Hont, Chairman and Chief Executive Officer of Met-Pro Corporation
(NYSE:MPR), announced today that the Company's Strobic Air
subsidiary has received an order in excess of $600,000 from a
premier university in the Central United States. The order is
expected to ship before the end of the Company's current fiscal
year ending January 31, 2009. "This order is another example of
Met-Pro's many solutions that help solve the challenges of
protecting our environment while serving business and industry
around the world," said De Hont. "In addition, it reinforces
Strobic Air's reputation as the supplier of choice for
technologically advanced fume hood exhaust systems at
institutional, industrial, and government laboratories. Together
with a steady level of customer interest and quotation activity for
similar type projects, it allows us to remain optimistic about our
prospects for future orders of this type at Strobic Air." For this
project, Strobic Air will supply laboratory fume hood exhaust
systems utilizing a total of eight Tri-Stack(TM) fans on custom
energy recovery plenums. Strobic Air was awarded this contract
based on their best- in-class reputation for supplying low profile
exhaust systems that are specifically designed to handle the
complex issues of laboratory exhaust. About Met-Pro Met-Pro
Corporation, with headquarters at 160 Cassell Road, Harleysville,
Pennsylvania, was recognized, for the second consecutive year, as
one of America's "200 Best Small Companies" by Forbes magazine. The
Company was also named as one of the world's "Top Small to Midsize
Manufacturers" by Start-It magazine for the second year in a row.
Through its business units, in the United States, Canada, Europe
and The People's Republic of China, a wide range of products and
services are offered for industrial, commercial, municipal and
residential markets worldwide. These include product recovery and
pollution control technologies for purification of air and liquids;
fluid handling technologies for corrosive, abrasive and high
temperature liquids; Mefiag filtration technologies for harsh,
corrosive liquid filtration applications; and filtration and
purification technologies which include proprietary water treatment
chemicals and filter products for air and liquid filtration. For
more information, please visit http://www.met-pro.com/. The Private
Securities Litigation Reform Act of 1995 provides a "safe harbor"
for forward-looking statements. Certain information included in
this news release, and other materials filed or to be filed with
the Securities and Exchange Commission (as well as information
included in oral or other written statements made or to be made by
the Company), contain statements that are forward-looking. Such
statements may relate to plans for future expansion, business
development activities, capital spending, financing, the effects of
regulation and competition, or anticipated sales or earnings
results. Such information involves risks and uncertainties that
could significantly affect results in the future and, accordingly,
such results may differ from those expressed in any forward-looking
statements made by or on behalf of the Company. These risks and
uncertainties include, but are not limited to, those relating to,
the cancellation or delay of purchase orders and shipments, product
development activities, computer systems implementation, dependence
on existing management, the continuation of effective cost and
quality control measures, retention of customers, global economic
and market conditions, and changes in federal or state laws.
Met-Pro common shares are traded on the New York Stock Exchange,
symbol MPR. To obtain an Annual Report or additional information on
the Company, please call 215-723-6751 and ask for the Investor
Relations Department, or visit the Company's website at
http://www.met-pro.com/. Contact: Investor Contact: Gary J. Morgan,
Senior Vice President of Finance, CFO 215-723-6751, Joseph Hassett,
VP Gregory FCA Communications 610-228-2110 DATASOURCE: Met-Pro
Corporation CONTACT: Investors, Gary J. Morgan, Senior Vice
President of Finance, CFO of Met-Pro Corporation, +1-215-723-6751,
, or Joseph Hassett, VP of Gregory FCA Communications,
+1-610-228-2110 Web site: http://www.met-pro.com/
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